We have a downwards pointed symmetrical triangle (BULLISH INDICATION) forming. Inside the triangle is some consolidation that's getting rid of all the weak holders who will sell out (DON'T BE THAT GUY). RSI/Stoch are looking bottomed, so I would expect this to turn soon. I've noticed Bitcoin really loves triangle consolidations, so I wouldn't be surprised if this is correct. If so, expect an impulse reaching over $20,000.
Commento:
So far so good!